The Mentor Capital Network released a video last week asking a simple question: what is mentor capital? SSC’s Jennifer Woofter, along with other industry professionals, sat down to answer that very question.

Not every answer given by each individual was identical, but there was a common theme of using mentor capital as a resource. Some alluded to mentor capital as a 6th component to the 5 capital model and others said that mentor capital was an extension of human capital. Some interviewees went on to say that mentor capital can be used to get a broader perspective on a subject or that it could be used as another form of networking.

But the key takeaway from the video is that mentor capital comes from knowledge, experience, and skills that a person has acquired over the years to share and enrich the lives of others.